BLACKBIRD LABORATORIES INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BLACKBIRD LABORATORIES INC (EIN 92-1555633)
- Tax period
- 2023-01-03 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202423209349313247
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T13:02:27-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 INTERNATIONAL DRIVE SUITE 1400 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-03 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 921555633 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACKBIRD LABORATORIES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BLAC | BusinessNameControlTxt |
| Phone | 2029425355 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST DICKMAN ST 100 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21230 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATT TREMBLAY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2029425355 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIA FLANNERY | PreparerPersonNm |
| PTIN | P00928918 | PTIN |
| Phone | 4102469300 | PhoneNum |
| Preparation | 2024-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | MATT TREMBLAY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST DICKMAN ST 100 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $88,179,453 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BLACKBIRDLAB.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2023 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | BLACKBIRD LABORATORIES IS AN INDEPENDENT NONPROFIT MEDICAL RESEARCH ORGANIZATION BASED IN BALTIMORE THAT IS FOCUSED ON CONDUCTING MEDICAL AND SCIENTIFIC RESEARCH IN CONJUNCTION WITH NONPROFIT HOSPITALS AND ACADEMIC INSTITUTIONS, SPECIFICALLY TO HELP MARYLAND'S UNIVERSITIES AND INVESTIGATORS AMPLIFY THE IMPACT OF THEIR ACADEMIC RESEARCH, BUILD INNOVATIVE COMPANIES, BRING TRANSFORMATIVE TECHNOLOGIES TO LIFE, AND CREATE A THRIVING ENTREPRENEURIAL ECOSYSTEM IN MARYLAND. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $88,178,653 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $800 | CYOtherRevenueAmt |
| CY Total Revenue | $88,179,453 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $2,305,663 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| CY Other Expenses | $2,968,971 | CYOtherExpensesAmt |
| CY Total Expenses | $5,274,634 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $82,904,819 | CYRevenuesLessExpensesAmt |
| Total Assets EOY | $83,366,299 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $461,480 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances EOY | $82,904,819 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BLACKBIRD LABORATORIES IS AN INDEPENDENT NONPROFIT MEDICAL RESEARCH ORGANIZATION BASED IN BALTIMORE THAT IS FOCUSED ON CONDUCTING MEDICAL AND SCIENTIFIC RESEARCH IN CONJUNCTION WITH NONPROFIT HOSPITALS AND ACADEMIC INSTITUTIONS, SPECIFICALLY TO HELP MARYLAND'S UNIVERSITIES AND INVESTIGATORS AMPLIFY THE IMPACT OF THEIR ACADEMIC RESEARCH, BUILD INNOVATIVE COMPANIES, BRING TRANSFORMATIVE TECHNOLOGIES TO LIFE, AND CREATE A THRIVING ENTREPRENEURIAL ECOSYSTEM IN MARYLAND. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,260,244 | ExpenseAmt |
| Desc | BLACKBIRD LABORATORIES CATALYZES BALTIMORE'S LIFE SCIENCES RESEARCH BY SUPPORTING START-UP FORMATION AND DEVELOPMENT. OUR GOAL IS TO BRIDGE THE GAP BETWEEN PIONEERING ACADEMIC SCIENCE AND INDUSTRY BY PROVIDING CAPITAL, PROGRAM MANAGEMENT, AND STRATEGIC SCIENTIFIC AND BUSINESS INPUT. OUR TEAM OF LIFE SCIENCES PROFESSIONALS SUPPORT THE DEVELOPMENT OF INNOVATIVE BIOTECHNOLOGY COMPANIES BY DE-RISKING INNOVATIVE TECHNOLOGY FOR COMMERCIALIZATION, ATTRACTING INVESTMENT, AND NURTURING BALTIMORE'S POTENTIAL TO BE A LIFE SCIENCES LEADER ON THE NATIONAL STAGE.IN FISCAL YEAR 2023, BLACKBIRD LABORATORIES' NEWLY-FORMED TEAM EVALUATED NEARLY 150 POTENTIAL PROJECTS AND FUNDED SIX NEW RESEARCH COLLABORATIONS WORKING IN CONJUNCTION WITH LEADING INSTITUTIONS SUCH AS JOHNS HOPKINS UNIVERSITY, THE UNIVERSITY OF MARYLAND, AND THE LIEBER INSTITUTE FOR BRAIN DEVELOPMENT, TOTALING NEARLY $4,000,000 IN COMMITTED GRANT FUNDING. THE ULTIMATE GOAL OF THIS GRANT FUNDING IS TO COLLABORATIVELY DEVELOP PIONEERING THERAPEUTICS RESEARCH INTO SUCCESSFUL SPIN-OUT COMPANIES WHICH WORK TO CLOSE GAPS IN AVAILABLE TREATMENT OPTIONS FOR PATIENTS. MANY BREAKTHROUGH MEDICINES AND TECHNOLOGIES THAT SERVE THE PUBLIC INTEREST FAIL TO PROGRESS TO MARKET BECAUSE OF A LACK OF FUNDING OR A LACK OF TECHNICAL EXPERTISE TO MANAGE THE START-UP COMPANIES THAT ARE LAUNCHED TO SHEPHERD THESE PRODUCTS TO MARKET. TO OVERCOME THESE BARRIERS, BLACKBIRD LABORATORIES ACTS AS A BRIDGE BETWEEN THESE START-UP COMPANIES AND VENTURE CAPITAL FIRMS TO HELP ENSURE THAT MEDICAL INNOVATIONS REACH PATIENTS AS QUICKLY AND EFFECTIVELY AS POSSIBLE. BLACKBIRD LABORATORIES ALSO PLANS TO PLAY A CENTRAL ROLE IN CASE-BUILDING AND CORPORATE DEVELOPMENT ACTIVITIES TO HELP IDENTIFY VENTURE FINANCING FOR START-UP COMPANIES BEING SPUN OUT FROM BLACKBIRD LABORATORIES AND PARTNER RESEARCH INSTITUTIONS. A KEY TENET OF BLACKBIRD LABORATORIES' MISSION TO CATALYZE A THRIVING ENTREPRENEURIAL ECOSYSTEM IN BALTIMORE IS THE RETENTION AND DEVELOPMENT OF LOCAL LIFE SCIENCES TALENT. THREE FIFTH-YEAR PHD STUDENTS COMPRISED BLACKBIRD LABORATORIES INAUGURAL FELLOW CLASS WHICH LAUNCHED IN 2023; A PAID PROGRAM WHICH FACILITATES DIRECT EXPOSURE TO ENTREPRENEURSHIP IN THE LIFE SCIENCES INDUSTRY. AS BLACKBIRD LABORATORIES ENTERS ITS SECOND YEAR IN OPERATION, WE INTEND TO CONTINUE FOSTERING MENTORSHIP AND TRAINING OPPORTUNITIES BY ORGANIZING AND HOSTING VARIOUS SCIENTIFIC TALKS, PRESENTATIONS AND OTHER PROGRAMS THAT ARE OPEN TO LOCAL SCIENTISTS AND STUDENTS, AS WELL AS AMPLIFYING THE ECOSYSTEM DEVELOPMENT WORK ALREADY BEING CONDUCTED LOCALLY THROUGH SPONSORSHIP AND COLLABORATION.WE BELIEVE THAT BALTIMORE IS POISED TO BECOME A MAJOR INNOVATION HUB, AND ALONG WITH A FOCUS ON NURTURING LOCAL TALENT, BLACKBIRD LABORATORIES INTENDS TO CREATE ADDITIONAL WET LAB CAPACITY WITHIN BALTIMORE CITY TO EFFECTIVELY SUPPORT THE SUCCESS OF FLEDGLING BIOTECHNOLOGY COMPANIES AND THEIR RETENTION WITHIN THE MARYLAND ECOSYSTEM. EARLY PLANNING TOWARD SELECTING A PHYSICAL LOCATION HAS BEEN CONDUCTED AND SIGNIFICANT RESOURCES WILL BE DEDICATED TO SUPPORTING THE INCUBATION AND ACCELERATION OF LIFE SCIENCES COMPANIES IN BALTIMORE. | Desc |
| Total Program Service Expenses | $4,260,244 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMILY WILKINSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2029425355 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST DICKMAN ST 100 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21230 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MATT TREMBLAY | |||||||
| CEO & BOARD MEMBER, TREASURER | 40.00 | Yes (X) | Yes (X) | $618,469 | $0 | $25,634 | |
| RYLAND SUMNER | |||||||
| BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK EDWARDS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JESSICA NGUYEN | |||||||
| CHIEF OF STAFF, SECRETARY | 40.00 | Yes (X) | $115,417 | $0 | $7,426 | ||
| EDWARD CHEROK JR | |||||||
| CHIEF BUSINESS OFFICER | 40.00 | $373,479 | $0 | $8,549 | Yes (X) | ||
| ALEKSANDRA BARANCZAK | |||||||
| CHIEF PROGRAM OFFICER | 40.00 | $272,273 | $0 | $9,656 | Yes (X) | ||
| ANTHONY ACCORSI | |||||||
| VENTURE PARTNER | 40.00 | $227,692 | $0 | $5,843 | Yes (X) | ||
| MATTHEW LAWLER | |||||||
| ENTREPRENEUR-IN-RESIDENCE | 40.00 | $137,265 | $0 | $3,107 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,744,595 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $60,215 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARNOLD AND PORTER KAYE SCHOLER LLP | |||||
| PO BOX 719451 | PHILADELPHIA | PA | 19171 | LEGAL | $245,046 |
| BEACON HILL STAFFING GROUP LLC | |||||
| 152 BOWDOIN STREET | BOSTON | MA | 02108 | STAFFING | $115,522 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $88,178,653 | AllOtherContributionsAmt |
| Total Contributions | $88,178,653 | TotalContributionsAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $800 | TotalRevenueColumnAmt |
| Exclusion | $800 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $800 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $88,179,453 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $800 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $766,944 | TotalAmt |
| Program Services | $601,706 | ProgramServicesAmt |
| Management And General | $165,238 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,390,908 | TotalAmt |
| Program Services | $1,103,476 | ProgramServicesAmt |
| Management And General | $287,432 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,517 | TotalAmt |
| Program Services | $22,372 | ProgramServicesAmt |
| Management And General | $4,145 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,886 | TotalAmt |
| Program Services | $8,843 | ProgramServicesAmt |
| Management And General | $8,043 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,408 | TotalAmt |
| Program Services | $79,138 | ProgramServicesAmt |
| Management And General | $25,270 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290,758 | TotalAmt |
| Program Services | $194,191 | ProgramServicesAmt |
| Management And General | $96,567 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,498 | TotalAmt |
| Management And General | $126,498 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,049 | TotalAmt |
| Management And General | $28,049 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,473 | TotalAmt |
| Program Services | $158,420 | ProgramServicesAmt |
| Management And General | $53 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,063 | TotalAmt |
| Program Services | $15,640 | ProgramServicesAmt |
| Management And General | $17,423 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,983 | TotalAmt |
| Program Services | $41,508 | ProgramServicesAmt |
| Management And General | $74,475 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,428 | TotalAmt |
| Management And General | $58,428 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,638 | TotalAmt |
| Program Services | $64,689 | ProgramServicesAmt |
| Management And General | $8,949 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,043 | TotalAmt |
| Program Services | $19,010 | ProgramServicesAmt |
| Management And General | $33 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,906 | TotalAmt |
| Management And General | $5,906 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,035 | TotalAmt |
| Management And General | $5,035 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SCIENTIFIC PROGRAM | $1,951,251 | $1,951,251 | |
| RECRUITMENT & ONBOARDIN | $102,846 | $102,846 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,274,634 | TotalAmt |
| Program Services | $4,260,244 | ProgramServicesAmt |
| Management And General | $1,014,390 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,421,150 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $80,094,653 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $500,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $60,357 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $75,286 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,906 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $69,380 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $220,759 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $83,366,299 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $233,931 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $227,549 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $461,480 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,810,166 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $80,094,653 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $82,904,819 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $83,366,299 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $82,904,819 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $88,178,653 | CurrentTaxYearAmt |
| Total | $88,178,653 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $88,178,653 | CurrentTaxYearAmt |
| Total | $88,178,653 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $86,415,064 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,763,589 | PublicSupportTotal170Amt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $800 | CurrentTaxYearAmt |
| Total | $800 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $88,179,453 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, SHORT YEAR EXPLANATION: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION BEGAN OPERATIONS ON JANUARY 3, 2023. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,330 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,409 | DepreciationAmt |
| Book Value | $10,921 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,956 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,497 | DepreciationAmt |
| Book Value | $58,459 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $69,380 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES | Desc |
| Amt | $227,549 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $227,549 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $88,179,453 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $88,179,453 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $88,179,453 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,274,634 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,274,634 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,274,634 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE ORGANIZATIONS TAX POSITIONS, AND HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MATT TREMBLAY | ||||||||||||||
| CEO & BOARD MEMBER, TREASURER | $582,264 | $0 | $0 | $0 | $36,205 | $0 | $6,771 | $0 | $18,863 | $0 | $644,103 | $0 | $0 | $0 |
| EDWARD CHEROK JR | ||||||||||||||
| CHIEF BUSINESS OFFICER | $242,709 | $0 | $97,500 | $0 | $33,270 | $0 | $8,260 | $0 | $289 | $0 | $382,028 | $0 | $0 | $0 |
| ALEKSANDRA BARANCZAK | ||||||||||||||
| CHIEF PROGRAM OFFICER | $197,259 | $0 | $67,500 | $0 | $7,514 | $0 | $5,719 | $0 | $3,937 | $0 | $281,929 | $0 | $0 | $0 |
| ANTHONY ACCORSI | ||||||||||||||
| VENTURE PARTNER | $155,974 | $0 | $71,718 | $0 | $0 | $0 | $2,333 | $0 | $3,510 | $0 | $233,535 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | DISCRETIONARY BONUSES WERE PAID IN 2023. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATT TREMBLAY | PersonNm |
| Relationship With Org | CEO AND BOARD MEMBER | RelationshipWithOrgTxt |
| Loan Purpose | PURCHASE OF A PRINCIPAL RESIDENCE | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $500,000 | OriginalPrincipalAmt |
| Balance Due | $500,000 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $500,000 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT COPY OF THE 990 WILL BE PROVIDED TO BLACKBIRD LEADERSHIP AS WELL AS THE BOARD OF DIRECTORS FOR COMMENT AND REVIEW PRIOR TO FILING. BLACKBIRD LEADERSHIP IS AN INTEGRAL PART OF PREPARING THE 990 FORM ALONGSIDE THE 990 PREPARERS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE INSTITUTE HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS, KEY EMPLOYEES AND OTHER DESIGNATED INDIVIDUALS TO DISCLOSE IF THEY HAVE A PERSONAL INTEREST OR RELATIONSHIP IN A TRANSACTION INVOLVING THE INSTITUTE, WHETHER DIRECTLY OR INDIRECTLY THROUGH A FAMILY MEMBER, CONTROLLED ENTITY OR BUSINESS OR INVESTMENT RELATIONSHIP. ANY INDIVIDUAL WITH A PERSONAL INTEREST OR RELATIONSHIP IN A TRANSACTION INVOLVING THE INSTITUTE MUST BE RECUSED FROM THE DISCUSSIONS AND APPROVAL FOR THAT TRANSACTION. THE TRANSACTION MUST BE REVIEWED BY DISINTERESTED PERSONS WHO DO NOT HAVE A PERSONAL INTEREST IN THE TRANSACTION UNDER REVIEW, AND SUCH DISINTERESTED PERSONS MAY APPROVE THE TRANSACTION AFTER DETERMINING THAT THE TERMS ARE FAIR AND REASONABLE TO THE INSTITUTE. THE INSTITUTE MAY ALSO CONSIDER WHETHER THERE ARE ALTERNATIVE TRANSACTIONS OR ARRANGEMENTS THAT ARE REASONABLY AVAILABLE UNDER THE CIRCUMSTANCES THAT DO NOT PRESENT A POTENTIAL CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | INDUSTRY DATA WAS UTILIZED TO DETERMINE COMPENSATION BENCHMARKS FOR THE CEO AND OTHER KEY EMPLOYEES. EXTERNAL CONSULTANTS, SUCH AS A FRACTIONAL CFO AND HUMAN RESOURCES PROFESSIONALS, WERE INCLUDED IN THE PROCESS TO DETERMINE APPROPRIATE AND REASONABLE COMPENSATION PACKAGES AND PRACTICES. THE CEO'S COMPENSATION WAS REVIEWED AND APPROVED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |